Benchmark

Global ex US PE/VC Benchmark Commentary

Second quarter 2016 returns, in USD terms, for the Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital Index and the Cambridge Associates LLC Emerging Markets Private Equity and Venture Capital Index were 1.3% and 0.7%, respectively. The dollar strengthened a bit from March to June, helping to dampen returns measured in US dollars. Public indexes tracking European companies generally suffered losses during the quarter, while emerging markets indexes were marginally positive.